One fear is that infections will further disrupt manufacturing and shipping, worsening the supply chain backlogs.
economy
Posted inBusiness
Supply-chain nightmare ignites economic boom along U.S.-Mexico border
By keeping production closer to its final destination, companies hope it will reduce the risk of distribution snags.
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Posted inBusiness, Local & State, News, Politics
Long-term state revenue projections ‘volatile,’ Maine lawmakers told
The words of caution come as the Legislature prepares to debate what it should do with $822 million in additional revenue being projected for the current two-year budget.
Posted inBusiness, Nation & World
U.S. consumer confidence falls in November to nine-month low
U.S. consumer confidence was held back by rising worries about inflation and lingering concerns about the coronavirus.
Posted inOp-Eds, Opinion
Jim Fossel: This year in particular, we have a lot to be thankful for
Yes, it’s getting colder and darker – but consider all that we’ve weathered over the last 12 months.
Posted inGreg Kesich, Op-Eds, Opinion
The View From Here: It’s not safe to ignore crypto
A virtual currency crash could have real-world implications.
Posted inOp-Eds, Opinion
Insight: Help needed for the struggling class
The federal poverty line does not capture the economic hardship that half of Americans face.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Get our state back to work by getting fully vaccinated
Controlling COVID and fully reopening schools and shopping and entertainment venues will take the pressure off struggling families.
Posted inNation & World, Uncategorized
U.S. consumer prices soared 6.2% in past year, most since 1990
Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans grappling with the highest inflation rate since 1990.
Posted inBusiness, Nation & World
Biden’s bet that economy would boost Democrats falls flat
Americans have turned pessimistic about the nation’s financial condition as inflation has persisted.